This publication discusses the need to enhance climate financing by grounding it in international human rights obligations, especially economic, social, and cultural rights (ESCR).

It underscores that developed countries, primarily responsible for historical emissions, must provide adequate, predictable and rights-based climate financing to the Global South.

The report critiques existing climate finance mechanisms as insufficient and debt-inducing, highlighting the essential role that the New Collective Quantified Goal (NCQG) on Climate Finance can have on increasing ambition. It argues for a stronger, enforceable international legal framework, linking climate finance to extraterritorial obligations under human rights law. This integration could ensure a fairer distribution of resources, supporting vulnerable communities and aligning with principles such as 'common but differentiated responsibility'.